200 feet of free oil!!, page-58

Matsim
Its amazing what a day can make in the life a little oiler.
My feeling is that these verticals and the reading of the 3D seismic is right down Terry and teams ally.
I just have a feeling this is where they can excel.
It looks like we have the right rig now to do the job and with a few more wells under our belt the drilling team can gain knowledge and experience quickly.

It seems to be more in the area of horizontals that i start to worry they are so complex and we are just a minnow and not so high up in the pecking order to attract the best teams.

So my feeling is a little different to yours in that i would like to see SSN go for it with the 100% owned verticals, and let the experts like haliburton, shlumberger, or continental do the horizontals. I made a point of this a few weeks ago, and even though its early days it does appear to be a great result so far and it just strengthens this feeling of let Terry do the verticals and leave the horizontals to the experts. Sure we sacrifice a % but so many less headaches.

Im no expert but TB is, so im sure he will make the right calls. Its been such a tough 12 months with all the ups and downs maybe its time to relax a little now.
We need to confirm this result over next few weeks/ months but after today its looking good. Im off out now to celebrate this first exciting result in our Goshan play.
Well done TB and team.

Cheers LWR